secwatch.observer — SEC 8-K summary
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Issuer:     OP Bancorp (OPBK)
CIK:        0001722010
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001628280-22-027286
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OP Bancorp Q3 net income $8.7M, EPS $0.55; dividend raised 20% to $0.12/share
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- Net income of $8.7M, up 5% YoY; diluted EPS $0.55 vs $0.54.
- Net interest income $20.3M (+23%); net interest margin 4.31% (up from 4.21%).
- Total loans $1.65B (+25%); total deposits $1.82B (+21%).
- Quarterly dividend increased 20% to $0.12/share, payable Nov 24 to holders of record Nov 10.
- CET1 ratio 11.92%; nonperforming loans only 0.14% of gross loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722010/000162828022027286/0001628280-22-027286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722010/000162828022027286/opbk-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-027286

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